Mubasher: The Central Bank of Oman (CBO) said on Tuesday that the government treasury bills, issued on tender number 564, for a maturity period of 364 days, amount to OMR 15 million.

The average accepted price reached OMR 98.493 for each OMR 100, while the minimum accepted price came to OMR 98.475 per OMR 100, with an average yield of 1.53478%.

The interest rate on the Repo operations with CBO is 1.03617% for the period between 20 and 26 September, while the discount rate on the treasury bills discounting facility with CBO is 1.78617% for the same period.

The treasury bills are short-term highly secured financial instruments issued by the CBO on behalf of the Government, which helps the licenced commercial banks.